UChain is the first public infrastructure blockchain specifically designed for the global sharing economy. Along with other sharing economy enterprises, UChain aims to build its underlying blockchain network to solve the current problems of trust and data abuse. Exercising API's and SDK's provided by UChain, all sharing economy enterprises are able to issue their own token and build their application on top of the UChain network, together making UChain a better global autonomous sharing economy ecosystem.
PEER TO PEER NETWORK
Decentralized peer to peer blockchain network with smart contract to cutoff intermediaries.
DISTRIBUTED DATA STORAGE
Encrypted data shredded and stored on different nodes to improve data security.
USER CREDIT PASSPORT
Cross application user credit passport with a proprietary credit rating algorithm to effectively record user behaviour.
TOKEN INCENTIVE
Tokenized ecosystem to increase participation and engagement of both users and enterprises.
There are two major roles that drive the UChain ecosystem, users and developers.
Users can be categorized in service users, independent service providers and enterprise service providers. They use or provide services on UChain. Independent developers or UChain foundation developers create and maintain the infrastructure of UChain.
They interact with each other, establishing their distinct values to make UChain a better ecosystem.
Consensus
Ripple Protocol Consensus Algorithm
Smart Contract System
Smart contract with virtual machines that support C++ and Solidity language and convenient SQL commands within smart contract storage system.
Distributed Shared Ledger
DHT (Distributed hash table) based distributed storage protocol with data being indexed by file content (Hash) instead of a file path (URL) and large files will be partitioned into fixed-size data chunks and distributed across multiple nodes.
Encryption Mechanism
Elliptic Curve Cryptography
System Performance
1000~ TPS
500000+
Bicycles5
Countries40
Cities30million
Users180million
Rides300+
Employees
Uchain is the first public infrastructure blockchain specifically designed for the global sharing economy. Along with other sharing economy enterprises, Uchain aims to build its underlying blockchain network to solve the current problems of trust and data abuse. Exercising API's and SDK's provided by UChain , all sharing economy enterprises are able to issue their own token and build their application on top of the UChain network, together making UChain a better global autonomous sharing economy ecosystem.
PEER TO PEER NETWORK
Decentralized peer to peer blockchain network with smart contract to cutoff intermediaries.
DISTRIBUTED DATA STORAGE
Encrypted data shredded and stored on different nodes to improve data security.
USER CREDIT PASSPORT
Cross application user credit passport with a proprietary credit rating algorithm to effectively record user behaviour.
TOKEN INCENTIVE
Tokenized ecosystem to increase participation and engagement of both users and enterprises.
- Testnet is scheduled to go live Q3 2018
- Mainnet is scheduled to go live Q4 2018
For the token sale UCN will be ERC-20, which will be mapped when the Mainnet is released.
We are based in Canada & Shanghai.
U-Bicycle is the world's leading Internet company specialising in shared travel. Parent company to many leading eastern brands such as U-Car, U-Park, Grab-cycle, X-Bike, etc. UCHAIN will join the ranks under the umbrella of U-Bicycle and the tech will be implemented into existing U-Bicycle entities immediately.
UCHAIN will also act as a foundation with the name U.C.Foundation which will be a similar business model to the NEO investment fund and Bitcoin fund, working on standardizing, promoting and protecting.
We do not have a bounty program at UCHAIN.
We plan to distribute tokens around one month after the token sale concludes.
Users can get UCP by locking their UCN. UCP is just UCN with voting power, and as such gives the holder higher ecologic access. UCP is not exchangeable nor tradable.
UCHAIN will incentivize holders who keep UCP for a long time by granting them UCN, the distributing rate will be dynamic so people who hold and lock UCN for a long time will get extra bonuses.
35% - Research & Development
30% - Marketing & Growth
30% - Global Operations & Expansion
5% - Advisory
40% - Token Sale
35% - Ecosystem
15% - Team(vesting for 3 years with a one year cliff)
10% - Company Reserve
Three years vesting with a one year cliff.
After consulting our lawyers, our team regrets to inform the community that citizens and residents of the United States and the People's Republic of China will not be allowed to participate in any stage of our token sale. (Citizens of Hong Kong and Macau, however, will be allowed to participate).